Procurement (2)

Leonie Cooper: What are the benefits of good procurement for London’s employers and employees?

The Mayor: I am keen to lead by example and use my purchasing power, some £11 billion on procurement, to support good work and use the procurement process to stipulate the minimum terms of employment provided by suppliers such as the London Living Wage and my Good Work Standard.
I encourage other employers to do the same and be influential members in their local economy promoting good employment practices. It isn’t just the right and moral thing to do, it makes good business sense too.
As many employers already know, the benefits are clear – supporting fair pay and working practices increases productivity and reduces staff turnover.